Inflows into Crypto Products Highest since FTX Collapse
[ad_1] The average weekly inflows into digital asset-based investment products reached $36.8 million in January, which is the highest since the collapse of the once-leading crypto exchange, FTX, in November last year. The new height comes months after FTX’s bankruptcy led to a crypto withdrawal frenzy. CryptoCompare, a UK-based...
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Binance was Requested to Stop Marketing Its Savings Products in Uruguay
[ad_1] Binance, among the largest crypto exchanges in 2022 was issued a summons by the Central Bank of Uruguay. The summons was issued as the central bank sees crypto savings products that are issued by Binance can only be issued by banks or companies that are listed in Uruguay’s...
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Ethereum Investment Products See $5 Million in Weekly Inflows
[ad_1] Ethereum investment products struggled to attract substantial inflows from institutional investors since the start of 2022. With year-to-date outflows of approximately $451 million, ETH remained the worst performing digital asset among prominent cryptocurrencies. However, the sentiment changed slightly during the past week as ETH products witnessed inflows worth...
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Building multichain is a new necessity for DeFi products
[ad_1] At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than Ethereum....
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